Savvy Trades and Investments

[RNsidersbuying]

IMMR 8.16 - exited my position this morning. Still can't wrap my head around reported yearly revenue of $34M while touting profits of $43M...did they plant a money tree?...find a few obscure 10-bagger stocks? From the horse's mouth:

Eric Singer, Chairman & CEO, stated, "2023 was a year of steady execution and accomplishment for Immersion as we maintained our efforts to enforce our intellectual property, renew license deals, and thoughtfully allocate capital. We returned $15.7 million to shareholders via buybacks and dividends during the year while also increasing our stockholder’s equity to $183.1 million, or $5.81 per share, as of December 31, 2023. This is an increase of over $27.4 million from $157.7 million, or $4.89 per share, at the end of 2022."

https://finance.yahoo.com/news/immersion-corporation-reports-fourth-quarter-210500981.html